The Government Finance Officers Association (GFOA) and partner organizations have released Part 2 in a series looking at new revenue sources for local government.
As local government revenues no longer remain aligned with economic realties, new sources are being sought. But there is a difference between how revenue could be raised and how it should be raised. Part 2 in the GFOA series presents evaluation criteria to consider.
- Fairness to taxpayers and ratepayers
- Accountability
- Adequacy of revenue production
- Impacts on the behavior of taxpayers and ratepayers
- Cost of administration
- Promotion of intergovernmental dynamics
The Rethinking Revenue initiative is a collaborative effort involving: American Planning Association (APA) Government Finance Officers Association (GFOA) International City/County Management Association (ICMA) National Academy of Public Administration (NAPA) Center for Intergovernmental Partnerships National League of Cities (NLC) Center of Municipal Finance at the University of Chicago’s Harris School of Public Policy, Government Finance Research Center at the University of Illinois at Chicago’s College of Urban Planning and Public Affairs
